Bankruptcy courts must cooperate before debtors’ counsel are assured of being reimbursed for advancing costs and expenses before filing.
Bankruptcy Judge Wiles politely says that the Sixth Circuit reached the correct result for the wrong reason.
Sanctions weren’t justified for attempting to collect a time-barred tax claim.
A crisis befalls smaller companies that can’t afford the huge increase in U.S. Trustee fees.
The appeals court barred the secured lenders from renegotiating a carveout when a chapter 11 reorganization failed.